As a co-chair of the Squire Sanders Banking & Debt Finance Practice, Osborne Mills has broad experience in all aspects of commercial and real estate lending, loan workouts, debtor-creditor issues and real estate law. He has extensive experience in representing a variety of financial institutions in both syndicated and bilateral credit facilities, asset-based and other secured and unsecured loan transactions, complex debt and mortgage financings, mezzanine debt transactions, venture capital transactions, loan restructurings, workouts and bankruptcy proceedings, as well as representing purchasers, sellers, lessors and lessees in multifamily, commercial and industrial real estate transactions. Mr. Mills is listed in Chambers USA: America’s Leading Business Lawyers, The Best Lawyers in America, Lawdragon 500 Leading Lawyers in America, Ohio Super Lawyers and Inside Business Leading Lawyers.

Mr. Mills is involved in the Ohio State Bar Association and the Cleveland Metropolitan Bar Association’s Corporation, Banking and Business Law Section, Bankruptcy and Commercial Law Section, and Real Estate Section. He also taught the course, “Modern Real Estate Transactions” at Case Western Reserve University for six years and has served as a speaker at various legal education seminars sponsored by the Cleveland Metropolitan Bar Association.

Representative Experience

• Representing the lead arranger and agent in a US$400 million syndicated revolving credit facility (with an accordion option for an additional US$100 million) for a US-based insurance holding company.
• Representing a publicly held multinational borrower in the US$2.6 billion financing for its acquisition of another publicly held multinational chemical company including a US$1.65 billion senior secured revolving and term loan facility.
• Representing the lead arranger and agent in a syndicated multicurrency revolving credit facility aggregating US$280 million (with an accordion option for an additional US$50 million) for a US-based manufacturing group with non-US subsidiaries.
• Representing a publicly held borrower in the bridge financing (US$1.895 billion) and multicurrency permanent financing (US$2.09 billion) in connection with its acquisition of US and non-US assets, with real property security situated throughout the United States and in Canada.
• Representing a non-US energy producer, as borrower, in a construction and permanent financing credit facility for its construction and operation of two ethanol plants, consisting of term and revolving loan facilities in the aggregate amount of US$300 million.
• Representing a publicly held real estate investment trust in its revolving credit and term loan facility aggregating US$488 million, secured by 36 apartment properties located in six states.
• Representing the lead arranger and agent in the restructuring of syndicated secured multicurrency revolving credit and term loan facilities aggregating US$178 million for an international manufacturing group, involving both US and non-US collateral and intercreditor arrangements with two other debt facilities.
• Representing the lead arranger and agent in a US$150 million syndicated revolving credit facility for a US-based insurance holding company.
• Representing the lead arranger and agent in a syndicated revolving credit facility aggregating US$175 million (with an accordion option for an additional US$75 million) for a manufacturer.
• Representing the lead arranger and agent in syndicated secured multicurrency revolving credit and term loan facilities aggregating US$180 million for an international manufacturing group, involving both US and non-US collateral and intercreditor arrangements with simultaneously issued subordinated notes.
• Representing a super-regional US bank in a bilateral revolving credit facility for US$100 million for a university.
• Representing the lead arranger and agent in a syndicated secured revolving credit facility aggregating US$60 million for a metals warehouser.
• Representing the lead arranger and agent in a secured revolving credit facility aggregating US$70 million for a manufacturing holding company and its 12 operating subsidiaries.
• Representing the lead arranger and agent in a syndicated secured revolving credit and term loan facility aggregating US$36 million for a manufacturer.